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Data and Analytics trends that will transform business landscape in 2020 and beyond

Brand new BI, data and analytics technologies emerge all the time and it’s important to recognize and embrace those that will help your business gain a competitive edge. But don’t wait until new technologies grow and mature! Through trial and error, you’ll be able to find a solution that suits the needs of your company best. We present you the list of data and analytics trends that will shape the business landscape in 2020 and beyond.

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Happy 2020! DataLabs team celebrated New Year’s Eve

2020 is already here, and DataLabs team had a great time welcoming it! Although the weather wasn’t festive at all, we couldn’t help but feel the holiday spirit. After all, we had put some work in adorning our office and decorating the Christmas tree, so everyone was thoroughly excited when the long-awaited day finally came.

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BI tools as a pivotal asset to your business

In a modern world, businesses that benefit from data are prospering. But for many, the amount of data can be too large to handle, mainly because they don’t have apt specialists or technologies such as BI tools. They can boost performance in any part of your company, however, where they are needed the most is the financial department, the marketing department, and CRM.

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How to turn customer data into an asset

Nowadays, companies gather oceans of personal data and payment information from customers. Once you contemplate the danger of data breaches and the ensuing penalties, you realize the existence of your company is tied to the way you deal with customer data. Therefore, you need to see it as an asset instead of a liability, and here’s how to accomplish this.

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The significance of big data for complience

The majority of businesses have to deal with big data and analyzing it is the hardest part. Due to frequent cyberattacks and recent data breach scandals, stricter regulations to ensure their safety started to appear. As a result, businesses that wish to benefit from big data opens must establish a way to analyze data appropriately and avoid breaches.

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Data analytics: an investment that leads to success

According to a SaS report, 72% of organizations are benefiting from analytics, reporting that it helps them glean actionable insights. The study responders mentioned other advantages such as less time spent on data preparation, more confident decision making, faster achievement of insights, and so on. 

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The advantages and drawbacks of BI dashboards

BI plays a major role in the vitality of almost every business today. Dashboards are instrumental in the process because they visualize complex information and make it user-friendly. They consolidate data from many sources into one comprehensible custom sheet that highlights the performance within the whole company.

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Health care is one of the industries that need BI the most. Here’s why

The health care industry experiences an increase in the volume of data as a result of the rapid digital transformation. Now that the clinical data is available to the public, and electronic health records exist, amassing and analyzing patients’ data is much easier. Implementing BI to leverage this information may be the game-changing solution that will bring about much-needed change.

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LogsMover Add-on

Are you tired of folders crammed with logs? Do you itch to clean up every folder but don’t have any time? Or you're afraid some files may be lost? Fortunately, you don’t need to worry about this anymore! Our team at DataLabs has developed LogsMover, a freeRead more

DataLabs successfully integrated Ringers Gloves data into the global financial and analytical Ansell Healthcare system

DataLabs is developing analytic applications for international corporation Ansell Healthcare for three years already. On February 1st the corporation announced acquisition of a Huston-based company Ringers Gloves that specializes in producing impact resistant gloves.

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Starting out as an intern

In 2017, we began mentoring students of Dnipro’s Lyceum of Information Technology. Our specialists helped students develop their certification course and learn the basics of Qlik® product programming. Mentoring was mutually beneficial – the students improved their skills, and DataLabs received a new employee, Vladimir Ryzhkov.

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DataLabs donated to the inclusive team “Cheer Magic”

In December, we responded to Maria Kaystro’s post on Facebook, saying that her team ‘Cheer Magic’ at Tornado Sports Complex needed pom poms for the competition. Completing all the paperwork for charitable assistance turned out to be lengthy and difficult, but a month later we finally handed over a new set of pom poms to Maria’s team.

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The combination of Swedish innovation and Ukrainian reliability

In 2018, the consulting company DataLabs became an official partner of the leader in the market of visual analytics Qlik. Founded in 1993 in Sweden, Qlik® is an intuitive platform solution for independent visualization, creation of controllable analytic applications, embedded analytics and report generation, which is used by more than 45,000 customers worldwide.

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